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Future Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

GOLD Dec 2020 (NYMEX:GC.Z20)

Long-Term Uptrend (+90) - GC.Z20 is in a strong uptrend that is likely to continue. While GC.Z20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid GC.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for GC.Z20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_GC.Z20
Open High Low GC.Z20 Price Change
1766.2 1769.9 1757.9 1758.5 -5.0
Entry Signal

MarketClub’s Trade Triangles for GC.Z20

long term up The long-term trend has been UP since Apr 6th, 2020 at 1712.1

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 1695.0

short term up The short-term trend has been UP since May 29th, 2020 at 1750.1

Smart Scan Analysis for GC.Z20

Based on our trend formula, GC.Z20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GC.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1766.2 1769.9 1757.9 1758.5 -5.0
Prev. Close Volume Bid Ask Time
1591.9 203 2020-06-02 04:02:52
First Delivery2020-12-31Expiration2020-12-29
Open Time08:20Close Time13:30
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